About Chips Express Private Limited
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Chips Express Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the express logistics segment of the transport and logistics sector. It was incorporated on 12 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74120GJ2013PTC077857. Its GSTIN is 24AAFCC5179C1ZV (Gujarat). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Jitendra Harshadbhai Patel and Vimal Harshadbhai Patel.
Its last annual general meeting (AGM) was held on 29 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1 Shrikunj Appartment Nr. Hanuman Mandir Nr. Snehkunj Society Nehrunagar, Ahmedabad, Gujarat, India – 380055.
As per the financials filed for FY 2025, the company reported a revenue of ₹47.87 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹6.74 Lakh (net margin 0.1%) and EBITDA of ₹67.43 Lakh (EBITDA margin 1.4%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 20% over five years.
Court records list 6 cases involving the company, including 6 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website chipsairexp.com.
Company details
Contact details
Chips Express Private Limited's registered office is in Ahmedabad, Gujarat. Its website is chipsairexp.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1 Shrikunj Appartment Nr. Hanuman Mandir Nr. Snehkunj Society Nehrunagar, Ahmedabad, Gujarat, India – 380055
- IndustryTransport and Logistics, Express Logistics
To see the full contact details of Chips Express Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Chips Express is transport and storage. In detail, this covers postal & courier activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H7 | Postal & Courier activities |
To see the full business activity and turnover split of Chips Express Private Limited, buy the company report.
Financials of Chips Express Private Limited
FY 2024 filings availableChips Express Private Limited reported revenue of ₹47.87 Cr (up 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 16% growth in the latest year. EBITDA fell 17% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹67.43 Lakh | ||||
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| Net Profit (PAT) | ₹6.74 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 1.4% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Chips Express Private Limited, buy the company report.
Board of directors of Chips Express Private Limited
Chips Express has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jitendra Harshadbhai Patel Also directs: Amare Food & Beverages LLP | Director | 12 Dec 2013 | 12 Years 10 Months | Current |
| Vimal Harshadbhai Patel Also directs: TVP Food LLP | Director | 19 Jun 2018 | 8 Years 4 Months | Current |
| Tushar Bhikhabhai Patel Also directs: TVP Food LLP, Tushar Patel Express Private Limited | Director | 12 Dec 2013 | 12 Years 10 Months | Current |
Peer comparison
Chips Express Private Limited is compared with the 5 companies closest to it by revenue in the Transport and Logistics industry (Express Logistics), with the same principal business activity (postal & courier activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Anjani Courier Services Private Limited | ₹51.71 Cr (FY 2025) | 18.0% | Ahmedabad, Gujarat, India | |||
| Express Parcel Services Private Limited | ₹49.73 Cr (FY 2024) | 17.0% | New Delhi, Delhi, India | |||
| Chips Express Private Limitedthis company | ₹47.87 Cr (FY 2025) | ₹6.74 Lakh | 0.1% | 16.0% | Ahmedabad, Gujarat, India | |
| DTDC E-Commerce Logistics Limited | ₹46.8 Cr (FY 2017) | 5.0% | Bangalore, Karnataka, India | |||
| Wefast India Private Limited | ₹46.8 Cr (FY 2025) | -12.0% | Delhi, India | |||
| Franch Express Courier Private Limited | ₹43.83 Cr (FY 2024) | 20.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Chips Express Private Limited, buy the company report.
Auditor
Chips Express Private Limited is audited by Khandhar & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Khandhar & Associates | FY 2023 | 118940W |
Shareholding
The shareholding of Chips Express Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Chips Express Private Limited, buy the company report.
Legal cases
Chips Express Private Limited has 6 court cases on record: 6 filed against it. 3 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 3 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (RECO33C2-LC) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (RECO33C 2 LC) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by an individual | Disposed |
To see the full case history of Chips Express Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Chips Express Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Chips Express has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCC5179C1ZV | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Chips Express Private Limited, buy the company report.
Recent activity
Chips Express Private Limited has 3 board changes on record since 2013: 3 appointments. The latest: Vimal Harshadbhai Patel was appointed as Director on 19 Jun 2018.
Frequently asked questions
Chips Express is an active private limited company based in Ahmedabad, Gujarat, India. The company works in express logistics, within the transport and logistics industry. It was incorporated on 12 December 2013 (13+ years old) and is registered under CIN U74120GJ2013PTC077857.
Chips Express has 3 current directors:
- Jitendra Harshadbhai Patel - Director
- Vimal Harshadbhai Patel - Director
- Tushar Bhikhabhai Patel - Director
The latest financial statements of Chips Express on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Chips Express is 24AAFCC5179C1ZV, registered in Gujarat. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Chips Express is U74120GJ2013PTC077857. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chips Express has 6 court cases on record: 6 filed against it. 3 are pending.
Chips Express was incorporated on 12 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Chips Express by revenue are Shree Anjani Courier Services Private Limited, Express Parcel Services Private Limited, DTDC E-Commerce Logistics Limited, Wefast India Private Limited, Franch Express Courier Private Limited, all in the Transport and Logistics industry (Express Logistics), with the same principal business activity (postal & courier activities).
Vimal Harshadbhai Patel was appointed as Director on 19 Jun 2018. Jitendra Harshadbhai Patel was appointed as Director on 12 Dec 2013. Tushar Bhikhabhai Patel was appointed as Director on 12 Dec 2013.
Chips Express can be reached through the website chipsairexp.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Chips Express is at 1 Shrikunj Appartment Nr. Hanuman Mandir Nr. Snehkunj Society Nehrunagar, Ahmedabad, Gujarat, India – 380055.